Ethereum advocate Ryan Sean Adams humorously suggests the cryptocurrency's value dropping beneath McDonald's as the "ultimate bottom signal"
, the leading cryptocurrency is valued at $187 billion. This puts it above several major global corporations in terms of market capitalization.Ethereum's current market value bests several globally recognized corporations. Thermo Fisher Scientific, a leader in scientific research services, trails just behind Ethereum with a valuation of $186.35 billion.
PetroChina, a major Chinese oil and gas company, stands at $185.28 billion. Linde, a key player in the industrial gases sector, is valued at $184.38 billion. Pfizer, the pharmaceutical titan, holds a value of $181.29 billion. Telecommunications behemoth China Mobile comes in at $181.15 billion. Ethereum has been losing its market share over the past few months due to a confluence of bearish factors.
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